Two new Las Vegas high-rise condominium projects have opened, Trump Las Vegas (sophisticated luxury) and Palms Place (edgy cool). These are not residential condo developments such as The Harmon Hotel, Spa & Residences, Veer Towers, Turnberry Place, Sky Las Vegas, or Mandarin Oriental. These are full blown condotel properties, a product which has suffered due to the challenged mortgage industry. Regardless, the projects (combined) add roughly $2 billion worth of new luxury hotels to the city. Inside we compare their lobbies and see some resale inventory off of the MLS.
Trump Las Vegas
The Trump International Hotel and Tower primarily appeals to those who seek a sophisticated luxury experience. Fine woods and crystal chandeliers grace the lobby while the location next to the Fashion Show Mall lends itself well to a day of shopping.
Trump Las Vegas MLS resale inventory as of 3/26/08
There was only one unit listed for resale at Trump as of 3/26/2008. The unit is a corner one-bedroom floor plan with views towards the Las Vegas Strip.
Palms Place
Palms Place is a hip and trendy building that features a real good vibe. As seen in the below photo, metallic surfaces and slate accents grace the development. Amenities include Drift Spa, La’s Sunset Tan, and a SIMON Restaurant.
Palms Place MLS resale inventory as of 3/26/08
There was only three units listed for resale at Palms Place as of 3/26/2008. The units all have views towards the Las Vegas Strip.
Are you looking to make an investment into condotel or residential condo properties in Las Vegas?
Aaron Auxier has earned the nickname “Hollywood’s Connection to Vegas” for his Los Angeles entertainment background and Las Vegas connections. He is responsible for selling some of the most glamorous penthouse and luxury high-rise condominium properties in the history of Las Vegas.
Aaron Auxier, REALTOR®, ABR can be reached at 702-205-1818.
Luxury Realty Group is recognized by the press as a leading brokerage on the Strip. They can be seen on networks and in publications such as CNBC, Forbes Magazine, Details, Wall Street Journal, The Review Journal, Los Angeles Times and USA Today.
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Copyright © 2008 Aaron Auxier. All Rights Reserved.
Disclaimer: All information in this blog is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive.
































